Bitcoin (BTC)

So SO so close to the "Golden Zone". We've bottomed here the last 2 cycles. 💯 (Fib retracement 0.5 + 0.382 levels) https://t.co/CBC6yd81rx

🚨 BETWEEN 58,000 AND 63,400 THE WHOLE SUMMER IS DECIDED. #Bitcoin fought its way up from the weekly low at 57,945 and now sits just below the weekly high. Half the market stares at chart lines and argues whether the floor is in place or the biggest bull trap of the cycle is unfolding. The debate revolves around the lines. What actually drives price to these lines lies one level deeper. I break it down. 58,000 IS THE ONLY SUPPORT THAT REALLY COUNTS. Open Interest has jumped in five days from $44.5 bn to almost $48 bn – all fresh positions built on the way up from 58K. They stay in profit as long as we stay above 58,000. If we slip below, the whole zone flips negative, and according to liquidation stats there are over $1.5 bn of stacked longs waiting. If 58,000 falls, the sell‑off eats itself. THE CEILING IS AT 63,400. That’s the weekly high, and the last 24 h have shown what happens when Bitcoin pushes against it: $50 m of shorts were liquidated versus only $11 m of longs. Five to one. If price cleanly breaks above 63,400 and then the round 65,000, this short buildup becomes fuel for the upside. THE ETF SIDE IS THE REAL LEVER. Five consecutive trading days have seen a net outflow of almost $1.9 bn from spot ETFs. For the past year‑and‑a‑half, ETFs have been the conduit for large institutional money into Bitcoin, and that inflow has recently turned into an outflow. That’s why the 60,000 zone fell in the first place. Only at the end of the series did a green day return with a net +$223 m, the first after five reds in a row. SAYLOR HAS TURNED THE FLYWHEEL. For the first time, sell pressure from the Treasury side is on the table: a program of up to $1.25 bn of sales volume. The side that has only bought for years has just built a sell option. That changes the back‑of‑the‑envelope math, even though not a single coin has crossed the table yet. WHAT I LOOK AT IN THE COMING WEEKS. My focus is on two levels and one movement: whether 58,000 holds, whether the ceiling at 63,400 breaks, and whether ETF inflows turn green again. As long as that’s open, I sit out the recovery as an investor rather than chase it. If $BTC slips below 58,000 and flows stay red, I start adding. That’s the zone where patience pays off for a long‑term holder. The fear index is at 24, deep in the extreme low range. That’s exactly where I accumulate, piece by piece.

Bitcoin is now 1.2% of global money $BTC is also mainstream on Wall St. - 60% of the 25 largest U.S. banks are building bitcoin products - 90% of Barron’s Top 50 RIA Firms have a bitcoin allocation - 2,000+ U.S. advisory firms are allocated to bitcoin ETFs - 52% of the top 25 U.S. hedge funds have a bitcoin allocation any buy signal in the next few months will be your great oppotunity to own the most potential asset in the planet

✍🏻 bitcoin:native is attempting to reclaim the 200W SMA this weekend while facing resistance on the daily chart. A level worth watching, as price could continue chopping around here before making its next decisive move. 👀 #Bitcoin https://t.co/BwutWqKcXI

Bitwise CIO Matt Hougan says Strategy's era as bitcoin's dominant one-way buyer is over. Going forward it could buy or sell depending on conditions, but he expects it stays a net buyer on rallies. He also dismissed liquidation fears as defying math. Bigger call: Strategy will be "less important" next cycle as institutions take its place as top buyer.